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The US Dollar Currency Index rose 0.3% to 97.662 after a rebound following the Fed decision. The dollar had fallen on expectations of rapid rate cuts, and sterling weakened on fiscal concerns.
A firmer dollar makes US commodities more expensive for foreign buyers, which is mildly bearish for corn, soybeans and meal prices. The move is small and mainly reflects rate expectations.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.